#MarketPullback

The cryptocurrency market has recently experienced a notable pullback following a period of significant gains. Bitcoin (BTC), for instance, surpassed the $100,000 mark but has since retracted to approximately $98,602, reflecting a 3.5% decrease from its peak.

Ethereum (ETH) has also faced a downturn, declining over 18% from its recent highs.

This pullback is largely attributed to profit-taking by investors and a broader market consolidation. Analysts view such corrections as typical in the volatile crypto market, often providing opportunities for traders to enter positions at more favorable prices.

It's important to note that while pullbacks can offer buying opportunities, they also carry risks. Traders should employ risk management strategies, such as setting stop-loss orders, to mitigate potential losses if the market continues to decline.